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Washington Prime Turning Over Pair of Malls to Lenders; Will Buyback One

Analysts Wonder if CMBS Market will Remain Viable Alternative for Lower-Productivity Malls
CoStar News
October 5, 2017 | 1:18 P.M.

Washington Prime Group Inc. (NYSE: WPG) continued its portfolio re-construction agreeing to turn two malls over to lenders but with plans to buyback one of them. It also sold an additional mall and repaid the debt on a fourth.

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